Business news

India may soon brace another petrol price hike, with state-owned oil companies putting pressure on the government for an increase in prices given their mounting losses in the wake of steep rise in international crude oil rates.Aug 24, 2012

As the founder of Geneva-based Synthesis Bank, acquired recently by Saxo Bank, Charles Henri Sabet is eager to share his 20-year expertise on foreign exchange trading in a new business--JFX.com.Jun 19, 2012

Oil Minister S Jaipal Reddy recommended a hike in excise duty to be imposed on diesel-based vehicles. The proposed levies, it is said, will be as steep as INR 255,000 for sedans and sports or multi utility vehicles, while smaller vehicles will be slapped with an excise tax of INR 170,000.Jun 13, 2012

Just when the average Indian seemed to make peace with petrol costs on their gas guzzling vehicles, the steep hike in petrol prices which took effect this month spurred consumers across the nation to rethink their auto-budget. Keeping fuel economy in mind, here are ten of the best fuel efficient diesel cars that won't kill at the pumpJun 3, 2012

The announcement of the government to hike petrol price by Rs 7.50 per litre, which will come into effect on Thursday, has not gone down too well with the public and government allies. The Bharatiya Janata Party (BJP) is even planning a nation-wide bandh to demand immediate rollback of the petrol price hike.May 24, 2012

The Indian Government Wednesday announced the single largest hike in petrol prices by Rs. 7.50 per liter (including tax). The hike price came into effect from midnight and has led to a nationwide protest with the common man, the government's allies and oppositions fuming over the issue.May 24, 2012

India has charged the U.S. over the hike in visa policies, which the former claimed is aimed at Indian companies, and will soon file an official case with the World Trade Organisation (WTO).May 22, 2012